The Ogaki Kyoritsu Bank, Ltd.
Notice Regarding Dissolution of Subsidiary
The wholly owned subsidiary OKB Front Co., Ltd. (capital: 10 million yen, sales: 84 million yen, net income: 3 million yen) will be dissolved as of March 31, 2026, with liquidation expected to be completed on June 8. There is no impact on the earnings guidance.
Key Figures
- Capital: 10 million yen
- Sales (Fiscal Year Ending March 2025): 84 million yen
- Net Income (Fiscal Year Ending March 2025): 3 million yen
AI要約
Overview of Subsidiary Dissolution
Ogaki Kyoritsu Bank, Ltd. resolved at its Board of Directors meeting on January 26, 2026 to dissolve its wholly owned subsidiary, OKB Front Co., Ltd. OKB Front's primary business is acting as an agent for banking services, with capital of 10 million yen, sales of 84 million yen and net income of 3 million yen for the fiscal year ending March 2025. The dissolution is due to a review of the branch network.
Dissolution Schedule and Impact on Earnings
The dissolution will be implemented as of March 31, 2026 by resolution at the shareholder meeting scheduled for that date, with liquidation expected to be completed on June 8 of the same year. There is no impact on the Company's consolidated or standalone earnings guidance as a result of this matter.
